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Greenville Southern Connector bond default

Started by mightyace, January 23, 2010, 03:16:35 AM

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mightyace

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I'm out of this F***KING PLACE!


CanesFan27


mightyace

Quote from: CanesFan27 on January 26, 2010, 07:34:01 PM
It's been a talking point of those against the Garden Parkway in Gaston/Mecklenburg Counties, NC

http://surewhynotnow.blogspot.com/2009/07/garden-parkway-opponents-compare-gaston.html

A couple of points:
1) I don't know enough about either project to know how similar or different they are.

2) Though, I do generally agree with the idea that if a toll road can't "pay for itself" it shouldn't be built.  Or, relying on tax dollars to make up the difference reduces the incentive to maximize the revenue from the road or minimize spending as the attitude, "Well, the taxpayers will pay for it if we can't," takes hold.

An exception were Kentucky's Parkway system where the tolls were strictly to pay for construction costs.

This brings up another issue that has plagued a few toll roads including the GSC which is the difficulty in forecasting traffic levels.  This seems to be more of an issue today as most new toll roads are bypasses or short distance connectors versus long distance corridors.  Taking my favorite whipping boy as an example, it is a lot easier to forecast what traffic would continue on I-80 in PA if it were tolled that to forecast something like the GSC, the Garden Parkway or PA Turnpike 576.
My Flickr Photos: http://www.flickr.com/photos/mightyace

I'm out of this F***KING PLACE!

CanesFan27




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